Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Paris MoU Tackles Fraudulent Certificates

Paris MoU Tackles Fraudulent Certificates

BHP and GCMD Trial B100 Blend in Existing Supply Chain

BHP and GCMD Trial B100 Blend in Existing Supply Chain

Lakes U.S. Limestone Trade Down in May

Lakes U.S. Limestone Trade Down in May

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Subscribe for Maritime Logistics Professional E‑News

Middle East Airlines safety audit launched in Lebanon amid complaints from pilot groups
Oil products shipments exit Hormuz, LNG tanker loads at UAE
Bolivian Defence Minister Salinas Resigns After Weeks of Mass Protests